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Industrial services firm FLINT Q2 revenue falls

ReutersJul 31, 2025 9:10 PM

Overview

FLINT Q2 revenue falls 10.1% yr/yr to C$148.3 mln
Gross profit rises 2.9% to C$18.5 mln, adjusted EBITDAS up 16.1%
Liquidity increases 133.5% to C$97.4 mln

Outlook

FLINT anticipates 2025 activity levels consistent with first half
Company sees delays in project execution

Result Drivers

REVENUE DECLINE - Driven by delays in timing of construction and maintenance work awarded and executed by customers
GROSS PROFIT INCREASE - Attributed to favorable mix of work and disciplined business optimization

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue		C$148.30 mln
Q2 EPS		C$0.01
Q2 Gross Margin		12.5%
Q2 Gross Profit		C$18.51 mln

Press Release: ID:nGNX1nrGyN

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